Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 372.0M | 262.0M | 303.0M | 421.0M | 397.0M | 551.0M | 537.0M | 518.0M | 470.0M | 391.0M | 332.0M | 253.0M | 196.0M |
| Revenue Growth % | 42.0% | -13.5% | -28.0% | 6.0% | -27.9% | 2.6% | 3.7% | 10.2% | 20.2% | 17.8% | 31.2% | 29.1% | -- |
| Total Revenue | 372.0M | 262.0M | 303.0M | 421.0M | 397.0M | 551.0M | 537.0M | 518.0M | 470.0M | 391.0M | 332.0M | 253.0M | 196.0M |
| Cost Of Revenue | 233.0M | 159.0M | 194.0M | 272.0M | 274.0M | 387.0M | 394.0M | 408.0M | 374.0M | 308.0M | 266.0M | 211.0M | 164.0M |
| Gross Profit | 139.0M | 103.0M | 109.0M | 149.0M | 123.0M | 164.0M | 143.0M | 110.0M | 96.0M | 83.0M | 66.0M | 42.0M | 32.0M |
| Gross Margin % | 37.4% | 39.3% | 36.0% | 35.4% | 31.0% | 29.8% | 26.6% | 21.2% | 20.4% | 21.2% | 19.9% | 16.6% | 16.3% |
| Total Operating Cost | 449.0M | 392.0M | 386.0M | 419.0M | 365.0M | 488.0M | 480.0M | 464.0M | 422.0M | 350.0M | 296.0M | 229.0M | 179.0M |
| Selling Expenses | 107.0M | 73.3M | 71.7M | 49.2M | 24.7M | 32.3M | 28.8M | 17.1M | 15.9M | 14.4M | 9.1M | 3.8M | 3.0M |
| Admin Expenses | 41.0M | 29.9M | 36.0M | 28.6M | 20.4M | 20.5M | 16.0M | 12.4M | 29.8M | 25.8M | 18.0M | 13.5M | 10.1M |
| Rd Expenses | 67.3M | 135.0M | 98.1M | 73.6M | 47.7M | 47.4M | 39.9M | 25.2M | -- | -- | -- | -- | -- |
| Finance Expenses | -1.9M | -4.7M | -14.9M | -7.2M | -4.6M | -4.4M | -3.1M | -2.5M | 232,600 | 765,900 | 86,600 | 173,000 | 179,200 |
| Operating Income | -57.7M | -107.0M | -78.4M | 7.5M | 38.5M | 69.4M | 65.0M | 66.6M | 48.2M | 40.7M | 36.2M | 24.1M | 17.5M |
| Operating Margin % | -15.5% | -40.8% | -25.9% | 1.8% | 9.7% | 12.6% | 12.1% | 12.9% | 10.2% | 10.4% | 10.9% | 9.5% | 8.9% |
| Non Operating Income | 27,500 | 17,500 | 37,300 | 159,700 | 22,200 | 25,800 | 9,000 | -- | 3.0M | 590,300 | 692,100 | 105,900 | 47,400 |
| Non Operating Expenses | 524,400 | 296,900 | 128,400 | 20,000 | 158,300 | 300,900 | 84,800 | 4,600 | -- | 2,000 | 5,800 | 1.0M | 30,200 |
| Investment Income | 11.7M | 11.0M | 2.4M | 3.5M | 4.5M | 5.0M | 4.9M | 11.0M | -- | -- | -- | -- | -194,400 |
| Fair Value Change Income | 93,500 | 1.2M | -53,500 | 33,500 | -4,800 | 231,800 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -144,300 | -7,600 | -63,600 | 600.00 | 140,400 | -- | -5,900 | 68,900 | -24,500 | -- | -- | -- | -- |
| Asset Impairment Loss | 191,600 | -42,900 | -2,700 | 46,100 | 35,700 | -- | 1.3M | 1.5M | 452,300 | 399,900 | 2.0M | -35,200 | 359,500 |
| Other Income | 7.7M | 11.3M | 2.6M | 2.7M | 2.1M | 809,700 | 2.9M | 1.7M | -- | -- | -- | -- | -- |
| Income Before Tax | -58.2M | -107.0M | -78.5M | 7.6M | 38.3M | 69.2M | 65.0M | 66.6M | 51.1M | 41.3M | 36.9M | 23.2M | 17.5M |
| Income Tax | -806,300 | -18.0M | -10.0M | 2.5M | 8.2M | 12.2M | 11.2M | 10.0M | 8.1M | 6.2M | 5.8M | 3.8M | 3.0M |
| Net Income | -57.4M | -88.8M | -68.5M | 5.1M | 30.2M | 56.9M | 53.7M | 56.6M | 43.0M | 35.1M | 31.1M | 19.4M | 14.6M |
| Net Margin % | -15.4% | -33.9% | -22.6% | 1.2% | 7.6% | 10.3% | 10.0% | 10.9% | 9.1% | 9.0% | 9.4% | 7.7% | 7.4% |
| Net Income Attributable | -63.3M | -81.2M | -63.8M | 11.3M | 34.7M | 58.8M | 54.2M | 56.9M | 43.6M | 36.2M | 31.3M | 19.4M | 14.6M |
| Minority Interest | 6.0M | -7.6M | -4.8M | -6.1M | -4.5M | -1.8M | -420,000 | -297,700 | -617,300 | -1.1M | -209,400 | -- | -- |
| Eps Basic | -0.22 | -0.29 | -0.22 | 0.04 | 0.14 | 0.23 | 0.26 | 0.38 | 0.51 | 0.59 | 0.52 | -- | -- |
| Eps Diluted | -0.22 | -0.29 | -0.22 | 0.04 | 0.14 | 0.23 | 0.26 | 0.38 | -- | 0.59 | 0.52 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 636.0M | 494.0M | 748.0M | 859.0M | 461.0M | 342.0M | 368.0M | 299.0M | 105.0M | 95.0M | 86.7M | 64.0M | 36.1M |
| Trading Financial Assets | 175,700 | 151.0M | 88,600 | 142,100 | 108,600 | 40.5M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 79.5M | 88.2M | 106.0M | 124.0M | 99.0M | 135.0M | 108.0M | 60.9M | 65.9M | 74.1M | 76.3M | 37.5M | 37.2M |
| Notes Receivable | 16.0M | 3.2M | 3.1M | 4.8M | 1.6M | 1.4M | 1.5M | 36.6M | 3.5M | 1.7M | 954,600 | 5.4M | 300,000 |
| Notes And Accounts Receivable | 95.5M | 91.4M | 109.0M | 129.0M | 101.0M | 136.0M | 110.0M | 97.5M | 69.4M | 75.8M | 77.2M | 42.9M | 37.5M |
| Prepayments | 555,400 | 2.6M | 433,400 | 122,400 | 143,400 | 498,000 | 267,800 | 669,900 | 1.7M | 489,600 | 48,500 | 54,000 | 137,600 |
| Inventory | 21.1M | 11.4M | 33.3M | 20.8M | 63.1M | 45.9M | 47.1M | 59.2M | 109.0M | 60.0M | 36.7M | 26.9M | 44.3M |
| Total Current Assets | 775.0M | 773.0M | 921.0M | 1.0B | 674.0M | 623.0M | 589.0M | 531.0M | 339.0M | 278.0M | 239.0M | 156.0M | 137.0M |
| Fixed Assets | -- | 6.6M | 26.5M | 7.5M | 5.5M | 6.4M | 6.9M | 8.7M | 13.7M | 12.0M | 7.5M | 6.1M | 4.7M |
| Fixed Assets Total | 9.8M | 6.6M | 26.5M | 7.5M | 5.5M | 6.4M | 6.9M | 8.7M | 13.7M | 12.0M | 7.5M | 6.1M | 4.7M |
| Intangible Assets | 97.0M | 34.5M | 19.0M | 2.2M | 4.3M | 6.9M | 8.9M | 9.2M | 3.1M | 1.9M | 1.1M | -- | -- |
| Long Term Deferred Expenses | 57,400 | 518,300 | 1.4M | 140,400 | 260,400 | 420,400 | 112,200 | 311,900 | 587,700 | 372,100 | 529,300 | -- | -- |
| Total Non Current Assets | 282.0M | 136.0M | 104.0M | 51.8M | 45.8M | 66.5M | 70.2M | 77.0M | 63.0M | 47.1M | 35.3M | 32.6M | 26.3M |
| Total Assets | 1.1B | 910.0M | 1.0B | 1.1B | 720.0M | 690.0M | 659.0M | 608.0M | 402.0M | 325.0M | 275.0M | 188.0M | 163.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | -- | 776,500 | 100,000 | 16.4M | 27.6M | 8.5M | 5.0M |
| Accounts Payable | 26.9M | 16.7M | 35.9M | 34.3M | 59.7M | 68.8M | 71.9M | 47.5M | 54.3M | 75.0M | 66.7M | 37.9M | 51.8M |
| Advance Receipts | -- | -- | -- | -- | -- | 14.7M | 9.9M | 31.3M | 78.3M | 29.6M | 11.9M | 12.5M | 7.8M |
| Contract Liabilities | 56.2M | 32.8M | 37.6M | 42.2M | 93.4M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 234.0M | 109.0M | 141.0M | 140.0M | 176.0M | 159.0M | 161.0M | 146.0M | 191.0M | 166.0M | 145.0M | 93.3M | 93.8M |
| Total Non Current Liabilities | 19.7M | 4.5M | 15.1M | 29.5M | 34.5M | 43.8M | 64.6M | 81.1M | 46.1M | 29.3M | 23.7M | 21.1M | 19.6M |
| Total Liabilities | 253.0M | 114.0M | 156.0M | 170.0M | 210.0M | 202.0M | 226.0M | 228.0M | 237.0M | 195.0M | 168.0M | 114.0M | 113.0M |
| Paid In Capital | 294.0M | 283.0M | 283.0M | 283.0M | 253.0M | 211.0M | 150.0M | 107.0M | 61.5M | 61.5M | 61.5M | 21.0M | 20.0M |
| Capital Reserve | 582.0M | 446.0M | 441.0M | 432.0M | 16.7M | 59.1M | 116.0M | 148.0M | 9.8M | 9.8M | 9.8M | 3.5M | 23,800 |
| Surplus Reserve | 37.7M | 37.7M | 37.7M | 37.7M | 35.5M | 30.5M | 23.3M | 17.8M | 12.0M | 7.5M | 3.7M | 4.3M | 2.3M |
| Retained Earnings | -305,600 | 63.0M | 144.0M | 215.0M | 211.0M | 190.0M | 155.0M | 124.0M | 82.3M | 50.9M | 29.9M | 45.1M | 27.8M |
| Minority Equity | -13.3M | -25.1M | -18.5M | -14.8M | -6.3M | -1.8M | -1.9M | -1.5M | -1.2M | 202,000 | 1.3M | -- | -- |
| Equity Attributable | 816.0M | 821.0M | 887.0M | 939.0M | 516.0M | 489.0M | 435.0M | 382.0M | 166.0M | 130.0M | 105.0M | 73.8M | 50.0M |
| Total Equity | 803.0M | 796.0M | 869.0M | 924.0M | 510.0M | 488.0M | 434.0M | 381.0M | 165.0M | 130.0M | 106.0M | 73.8M | 50.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 432.0M | 311.0M | 287.0M | 361.0M | 494.0M | 588.0M | 567.0M | 552.0M | 638.0M | 485.0M | 356.0M | 297.0M | 247.0M |
| Tax Refunds Received | 4.1M | 2.7M | 1.0M | 555,800 | 478,600 | 741,200 | 492,800 | 733,100 | -- | -- | -- | 94,800 | 21,500 |
| Total Operating Cash Inflow | 468.0M | 336.0M | 311.0M | 377.0M | 507.0M | 606.0M | 586.0M | 565.0M | 649.0M | 498.0M | 362.0M | 302.0M | 250.0M |
| Cash Paid For Goods | 237.0M | 152.0M | 127.0M | 243.0M | 285.0M | 435.0M | 415.0M | 464.0M | 531.0M | 385.0M | 305.0M | 251.0M | 223.0M |
| Cash Paid To Employees | 133.0M | 195.0M | 163.0M | 108.0M | 78.1M | 67.0M | 42.2M | 34.0M | 28.9M | 27.4M | 15.9M | 7.0M | 5.6M |
| Taxes Paid | 20.6M | 11.1M | 21.7M | 21.8M | 27.7M | 39.6M | 28.4M | 30.3M | 22.7M | 16.1M | 14.4M | 8.2M | 7.5M |
| Total Operating Cash Outflow | 440.0M | 406.0M | 351.0M | 395.0M | 421.0M | 574.0M | 509.0M | 546.0M | 606.0M | 452.0M | 350.0M | 284.0M | 244.0M |
| Operating Cash Flow | 27.7M | -69.3M | -40.3M | -17.9M | 85.4M | 31.2M | 77.1M | 19.5M | 43.8M | 46.1M | 11.7M | 17.8M | 6.3M |
| Total Investing Cash Inflow | 1.6B | 791.0M | 534.0M | 244.0M | 265.0M | 535.0M | 646.0M | 16.8M | 200.00 | 4,510 | -- | -- | 42.4M |
| Total Investing Cash Outflow | 1.6B | 967.0M | 589.0M | 245.0M | 221.0M | 578.0M | 636.0M | 19.6M | 9.8M | 14.0M | 4.1M | 3.2M | 41.7M |
| Investing Cash Flow | 22.1M | -176.0M | -54.8M | -995,000 | 43.7M | -42.5M | 9.3M | -2.8M | -9.8M | -14.0M | -4.1M | -3.2M | 764,500 |
| Cash From Borrowings | -- | -- | -- | -- | -- | -- | -- | 3.2M | 100,000 | 25.4M | 29.1M | 20.0M | 5.1M |
| Dividends And Interest Paid | 77,200 | 58,700 | 7.3M | 5.1M | 8.5M | 16.5M | 17.1M | 9.9M | 8.3M | 13.1M | 2.8M | 449,000 | 380,800 |
| Debt Repayments | -- | -- | -- | -- | -- | -- | 776,500 | 2.5M | 16.4M | 36.6M | 10.0M | 16.5M | 5.1M |
| Total Financing Cash Inflow | 103.0M | -- | 2.1M | 432.0M | -- | 1.9M | 2.0M | 198.0M | 100,000 | 25.4M | 33.3M | 24.5M | 5.1M |
| Total Financing Cash Outflow | 11.9M | 9.4M | 18.3M | 13.0M | 9.0M | 16.5M | 17.9M | 21.8M | 25.5M | 49.7M | 12.8M | 16.9M | 5.5M |
| Financing Cash Flow | 91.4M | -9.4M | -16.2M | 419.0M | -9.0M | -14.6M | -15.8M | 176.0M | -25.4M | -24.3M | 20.5M | 7.6M | -380,800 |
| Net Change In Cash | 141.0M | -255.0M | -111.0M | 400.0M | 120.0M | -26.0M | 70.6M | 192.0M | 8.8M | 7.9M | 28.1M | 22.1M | 6.7M |
| Ending Cash Balance | 634.0M | 493.0M | 748.0M | 859.0M | 459.0M | 339.0M | 365.0M | 294.0M | 102.0M | 93.1M | 85.2M | 57.1M | 35.1M |
| Capex | 124.0M | 22.0M | 47.2M | 4.6M | 1.8M | 4.2M | 6.6M | 8.6M | 9.8M | 8.6M | 4.1M | 3.2M | 64,200 |